@Bryan Cavellier, You can 1031 with any US property including Guam, the USVI and ...drum roll- The Northern Marianas Islands (go figure but I actually had a realtor from there in a class of mine recently) into any other US or one of those territories.  1031 is a federal statute so it's applied the same in all locals with just a few variations state to state at the state level. 

I'd also recommend joining a local Indianapolis based REIA asap. the REIA will provide a group of investors who could get you some contractor recommends if you decide to GC the prop yourself.You said it "needs a little work done" but budgeted $50k so those two things kind of contradict unless the home is a larger home...just curious, what's "a little work", if you haven't had an inspection yet and don't feel comfortable evaluating the costs on your own?

As of December 2024, the average cost to install a solar panel system in California is $2.31 per watt, including installation. 

If you ever need any advice on the Garland market, feel free to ask!  

If you're ever looking for any additional advice/information feel free to reach out! 

In the end my buddy and I nearly broke even after we included the monthly payments that we collected.

It should include a few exhibits attached like a scope of work, a blank change order form, a final layout illustration, and a lien waiver (for the final payout) that they sign before starting.

@Mike Sferayou got some great responses to this including from @Kevin Sobilo and @Bill B.there is no right answer to this question.right now, i am looking to minimize outlays on rental properties, and am having success with seller financing. 

Student housing tips include clear lease terms, property durability, turnover, communication, market trends, and financial stability.Good luck!

Is there any evidence or support I can include to make my letter of intent more credible?